Electric Era's Energy Management System Correctly Predicts All Five PJM 5CP Events, Mitigating Capacity Charges for EV Charging Stations

Electric Era launched a 5CP energy-management program for EV fast-charging customers and said it correctly predicted all five PJM coincident-peak events. The company said the program saved customers tens of thousands of dollars in capacity charges, demonstrating potential operating-cost reductions for charging networks in the PJM market.